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Climate change: companies must adapt or perish

They will face increasing regulatory, environmental, and consumer pressures associated with climate risk.

Buildings are seen covered in thick smog in New Delhi on Nov 7. Emissions of carbon dioxide (CO2) from fossil fuel use and industry are at an all-time high. To stabilise global temperature at any level, net CO2 emissions need to be reduced to zero.

* Physical effects of climate change are clearly felt across the world today; 2015 to 2019 are the five hottest years on record.

* Businesses are already vulnerable to short term disruption; longer term climate risks could upend business models.

* As policymakers strengthen their...

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